November 19, 2019 - Minister of Economy, Ms Dragica Sekulić, and minister of Energy and Water Management of Malta, Mr Joe Mizzi, put Mozura wind farm into operation. The wind farm’s capacity is46 MW and is worth €90 million. Ministers agreed that this act was a confirmation of stable cooperation between the two countries.
“The fact that mostly state-owned energy company, from the EU member state, has recognized the potential of this project is the best confirmation that we created a favorable environment. When prudent investors come to Montenegro, we don’t need another promotion”, said Ms Sekulić.
Her Maltese counterpart said that his Government “recognized energy sector as of key pillars of the economy”.
“Construction of this mega-project took three years. The project encompasses 8,5 km of newly-built roads. Challenges were numerous but we managed to overcome them all. This project brought our countries closer to one another”, said Mr Mizzi.
Both ministers pointed out the importance of the fact that this energy is green.
Montenegro’s minister said that Mozura confirmed that further development in green energy was possible and, in fact, more favorable.
“Mozura gives us cause for optimism. It is particularly important for Montenegro’s energy sector and economy in general that this project was completed shortly after its construction stagnated for several years thanks to Enemalte involvement”, said Ms Sekulić.
Ms Sekulić wished investors successful work and good wind.
Mozura wind farm is a production facility with 46 MW of production power capacity. It consists of 23 individual windmills (2 MW of power).
The investment was implemented by Enemalta, Maltese state company and Malta Montenegro wind Park company, headquartered in Malta.
The second-largest wind farm in Montenegro will produce 120 GWH of energy annually.
By virtue of the amendments to the regulation on ways of promoting renewable energy resources, the functioning of Mozura won’t affect electricity bills in Montenegro.
Text by CDM on November 18, 2019, read more here.
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